Before the internet, VAT laws were designed for domestic sales, but the digital economy’s rise has challenged these traditional rules. To address this, governments are mandating remote vendors to register for, collect, and remit VAT on digital...
VATupdate.com Daily Newsletter: July 5, 2024
What happens on July 5 in the world? Venezuela celebrates its Independence Day on July 5th every year. This day commemorates the nation’s declaration of independence from Spain in 1811, marking it as the first Spanish...
